https://www.taxtmi.com/caselaws?id=772411 The AAR, Maharashtra ruled that the applicant could not claim 12% GST rate with input tax credit for all ten residential towers under the ongoing project provisions. The applicant had initiated bookings for towers A, B, and C from January 15, 2019, paying 12% GST as an affordable housing project. However, with the new tax structure from April 1, 2019, only ongoing projects meeting specified criteria could continue with the old rates. The AAR determined that only towers A, B, and C qualified as ongoing projects, making them eligible for the 12% rate with input tax credit, while the remaining seven towers would be subject to the new tax structure without input tax credit benefits. en-us Wed, 30 Apr 2025 00:00:00 +0530 Mon, 09 Jun 2025 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772411 The AAR, Maharashtra ruled that the applicant could not claim 12% GST rate with input tax credit for all ten residential towers under the ongoing project provisions. The applicant had initiated bookings for towers A, B, and C from January 15, 2019, paying 12% GST as an affordable housing project. However, with the new tax structure from April 1, 2019, only ongoing projects meeting specified criteria could continue with the old rates. The AAR determined that only towers A, B, and C qualified as ongoing projects, making them eligible for the 12% rate with input tax credit, while the remaining seven towers would be subject to the new tax structure without input tax credit benefits. Case-Laws GST Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772411